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IAEA sets date for India proposal

2008-07-16 00:00:00

The world nuclear regulatory body will meet next month to consider India's plan for safeguarding its civilian nuclear facilities, BBC reports.The International Atomic Energy Agency's (IAEA) approval of the plan is a key condition for putting into effect a nuclear...

PDP demands cancellation of candidature of political candidates in local polls

2008-07-16 00:00:00

The Progressive Democratic Party (PDP) Tuesday demanded cancellation of the candidature of those contesting the upcoming nonparty election to city corporations and municipalities under the banners of political parties, reports UNB.PDP chairman Ferdous Ahmed Quraishi made the plea at a...

Defusing the demographic time device

Syed Fattahul Alim | 2008-07-16 00:00:00

Thomas Robert Malthus some two centuries back made a very practical, though gloomy, prognostication about the fate of human race. He concluded that population increases more than the means of increasing subsistence does. So it would become at a point...

Warrant of arrest issued against OC, SI

2008-07-16 00:00:00

MUNSHIGANJ, Jul 15 (UNB): A magistrate court Monday issued warrant of arrest against Srinagar police station officer-in-charge Quamrul Islam and sub-inspector Elias Hossain in a criminal case.Senior Judicial Magistrate Habibur Rahman passed the orders in the case filed by a...

Talks with US 'possible in near future'

2008-07-16 00:00:00

TEHRAN, Jul 15(AFP): President Mahmoud Ahmadinejad has struck a more moderate tone towards the United States ahead of a key meeting on Iran's nuclear drive, saying talks with its arch-enemy were possible in the future."It is possible that in the...

HC stays for three months Gatco case proceedings

2008-07-16 00:00:00

The High Court (HC) Tuesday stayed for three months the proceedings of the GATCO Graft case against former premier Khaleda Zia and others, reports BSS.A two-member bench comprising Justice Khademul Islam Chowdhury and Justice Masuk Hossain Ahmed issued the stay...

CCDM chairman holds introductory meeting with clubs' representatives

2008-07-16 00:00:00

Newly elected chairman of the Cricket Committee of Dhaka Metropolis (CCDM) Ghulam Mohammad Alamgir Tuesday had a meeting with representatives of the Dhaka League Clubs, reports UNB.Representatives from 72 clubs of Premier Division, First Division, 2nd Division and 3rd Division...

Japanese fishermen protest rising fuel costs

2008-07-16 00:00:00

TOKYO, July 15 (AFP): Thousands of Japanese fishermen rallied today to protest against soaring fuel costs as boats across the archipelago sat idle for a one-day strike to draw attention to the industry's woes.Warning soaring oil prices could put them...

IMF again suggests credit restraint

FE Report | 2008-07-16 00:00:00

The International Monetary Fund (IMF) Tuesday said Bangladesh needs "a right kind of balance in the monetary policy as well as adjustment of fiscal policy" to stave off the second round of adverse effects of inflation."The monetary policy needs to...

Bangladesh A meet Leicestershire today

2008-07-16 00:00:00

Visiting Bangladesh A team meet Leicestershire in the 3rd three-day match of their England tour today (Wednesday) at the Grace Road, Leicester, reports UNB.Earlier, the previous two rain-affected three-day matches of the second string Bangladesh side against England Under-19 and...

Meghna Life declares 25pc bonus share

2008-07-16 00:00:00

Meghna Life Insurance Company Limited declared 25 per cent bonus share for the year 2007. It was decided at the board of directors' meeting held at its head office recently, says a press release.Nizam Uddin Ahmed, chairman of the company,...

Dhaka stocks slip amid steady turnover

FE Report | 2008-07-16 00:00:00

Dhaka stocks slipped Tuesday for the second consecutive session with the benchmark DGEN sliding below the preceding four-month low, amid steady turnover.Trading at the Dhaka Stock Exchange (DSE) was in the positive territory for the first five minutes and later,...

Bangladeshi co to invest $21.031m in Ishwardi EPZ

FE Report | 2008-07-16 00:00:00

M/s. Sunman Industrial Corporation Limited, a Bangladeshi company, will invest $21.031 million (about Tk 1.47 billion) in Ishwardi EPZ, says a press release.The company will make textile products (weaving, dyeing). It will also create employment opportunity for 2234 persons including...

Jonayat, Katrun, Monirul first lucky winners

2008-07-16 00:00:00

Nokia has recently announced the names of first three winners of the "Buy Nokia and fly to Bangkok" promotion that began on June 10, 2008.The promotion offers buyers of any Nokia device from ten Nokia branded outlets a chance to...

Mandelson calls for internal unity ahead of crucial WTO meeting

2008-07-16 00:00:00

BRUSSELS, July 15 (Xinhua): The European Union (EU) trade chief Peter Mandelson called for unity within the 27-nation bloc yesterday, one week ahead of a crucial World Trade Organisation (WTO) meeting to save the Doha round.Rebuffing French President Nicolas Sarkozy's...

Central bank starts buying dollar again

FE Report | 2008-07-16 00:00:00

The central bank has started buying the US currency from commercial banks after a gap of over six months aiming to keep the country's inter-bank foreign exchange market stable, officials said.The Bangladesh Bank (BB) took the move to keep the...

Call to protect biodiversity for ecological balance

2008-07-16 00:00:00

Speakers at a roundtable in the city Tuesday underlined the need for protecting country's biodiversity for ecological balance as well as attracting tourists, reports BSS.Special programmes have to be taken for preserving country's natural beauty and changing people's mindset to...

China's trade, investment in Africa benefit all

2008-07-16 00:00:00

LONDON, July 15 (Xinhua): China's trade and investment in Africa benefit not only Africans, but the European and the United States as well, a British researcher has said.Bill Durodie, associate fellow with the Royal Institute of International Affairs, made the...

Indonesia regrets E Timor wrongs

2008-07-16 00:00:00

Indonesian President Susilo Bambang Yudhoyono has expressed "remorse" for wrongs committed during East Timor's vote for independence in 1999.He made the statement as he received the final report of their two countries' Truth and Friendship Commission in the resort of...

Ershad acquitted in ENG corruption case

2008-07-16 00:00:00

A special court Tuesday acquitted former President HM Ershad of the longstanding ENG (Electronic News Gathering) purchase corruption charge, reports UNB.After examining 21 witnesses, Divisional Special Judge M Golam Mortuza pronounced the judgment.According to the prosecution, HM Ershad, while in...

Asif asks for B sample to be tested

2008-07-16 00:00:00

Mohammad Asif will ask for his sample B to be examined after being identified as the player who tested positive for a banned substance during the Indian Premier League, his lawyer Shahid Karim said, reports Cricinfo."We will fight the case...

Asian, European stocks tumble again

2008-07-16 00:00:00

Asian and European stock markets fell sharply Tuesday as investors' confidence in the US financial system eroded further despite a government-backed plan to help beleaguered mortgage financiers Fannie Mae and Freddie Mac.Financials were hit particularly hard as investors worried that...

UNDP lauds ACC's anti-graft gain

FE Report | 2008-07-16 00:00:00

The Anti-Corruption Commission (ACC) has made a significant progress in building an effective anti-corruption initiative in Bangladesh, said the United Nations Development Programme (UNDP) suggesting reinforcement of the ACC's capacity to sustain a long term and comprehensive battle to roll...

Govt mulls gradual curb on unskilled labour export

2008-07-16 00:00:00

The government is contemplating a gradual curb on the export of unskilled workers, as a means to prevent labour exploitation in receiving countries, said a government official Tuesday, reports bdnews24.com.Abdul Matin Chowdhury, secretary to the ministry of expatriates' welfare and...

Islamic Banks Consultative Forum holds meeting

FE Report | 2008-07-16 00:00:00

The 27th meeting of Islamic Banks Consultative Forum (IBCF) was held at the Islami Bank Tower in the city Monday.Chairman of the Forum and Islami Bank Bangladesh Limited (IBBL) Chairman Abu Nasser Muhammad Abduz Zaher presided over the meeting.The meeting...

Democracies must work in concert

2008-07-16 00:00:00

John Ikenberry and Anne-Marie SlaughterThe first big foreign policy debate of the presidential campaign has focused on Senator John McCain's proposal for a League of Democracies. Proponents of this new grouping see it as a mechanism to legitimise the American...

Citizens propose 7-point to settle vested property issue

2008-07-16 00:00:00

Eighteen noted personalities of the country Tuesday put forward a seven-point proposal to resolve the 40-year-old vested property issue, reports BSS.The proposal came ahead of the government's initiative to promulgate an ordinance titled 'Vested Property Scrutiny and Settlement Ordinance -...

Financial troubles seen as deepening

Fazle Rashid | 2008-07-16 00:00:00

THE nation is broke. This perhaps succinctly describe the current economic woes of America, the largest and most vibrant economy of the world. Peter Peterson, commerce secretary under Richard Nixon is planning to spend $1.0 billion of his own money...

Sudan angered by genocide claims

2008-07-16 00:00:00

The Sudanese government has responded angrily after an international prosecutor accused President Omar al-Bashir of genocide in Darfur, reports BBC.Sudan's UN envoy said the International Criminal Court had no jurisdiction in Sudan and that it would not co-operate. Vice-President Ali...

Call rate, dollar remain steady

FE Report | 2008-07-16 00:00:00

The inter-bank call money rate retained its steady level Tuesday although the central bank withdrew cash through reverse repurchase agreement (repo) and bonds. The US dollar also remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market because...